Price for Copper Tube or Pipe Fitting in Nepal - 2022

Contents:

1. Price for Copper Tube or Pipe Fitting in Nepal (CIF) - 2022
2. Price for Copper Tube or Pipe Fitting in Nepal (FOB) - 2022
3. Imports of Copper Tube or Pipe Fitting in Nepal
4. Exports of Copper Tube or Pipe Fitting in Nepal

Price for Copper Tube or Pipe Fitting in Nepal (CIF) - 2022

The average import price for tube or pipe fittings, couplings, elbows, sleeves of refined copper stood at $13,034 per ton in 2022, surging by 2% against the previous year. In general, the import price posted a moderate increase. The growth pace was the most rapid in 2021 when the average import price increased by 51%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($15,246 per ton), while the price for China stood at $6,205 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+6.1%).

Price for Copper Tube or Pipe Fitting in Nepal (FOB) - 2022

The average export price for tube or pipe fittings, couplings, elbows, sleeves of refined copper stood at $6,707 per ton in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the export price recorded a abrupt slump. The pace of growth was the most pronounced in 2020 a decrease of -65.6% against the previous year. The export price peaked at $11,714 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for India.

From 2019 to 2022, the rate of growth in terms of prices for the Netherlands amounted to 0.0% per year.

Imports of Copper Tube or Pipe Fitting in Nepal

In 2022, the amount of tube or pipe fittings, couplings, elbows, sleeves of refined copper imported into Nepal plummeted to 12 tons, with a decrease of -15.9% on the previous year's figure. In general, imports, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of 240%. As a result, imports reached the peak of 14 tons, and then dropped dramatically in the following year.

In value terms, copper tube or pipe fitting imports dropped to $156K in 2022. Over the period under review, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 415%. As a result, imports attained the peak of $182K, and then reduced in the following year.

Top Suppliers of Copper Tube or Pipe Fitting to Nepal in 2022:

1. India (8.9 tons)
2. China (3.0 tons)

Exports of Copper Tube or Pipe Fitting in Nepal

In 2022, overseas shipments of tube or pipe fittings, couplings, elbows, sleeves of refined copper decreased by 0% to 58 kg, falling for the second year in a row after two years of growth. Overall, exports showed significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 400%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, copper tube or pipe fitting exports amounted to $389 in 2022. In general, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 72%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Copper Tube or Pipe Fitting from Nepal in 2022:

1. India (58.0 kg)

Source: IndexBox Market Intelligence Platform